Property Details
325 N Cambrian
Bremerton, WA 98312
$429,000
Active
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Property Overview
Excellent investment opportunity with owner-occupant flexibility and future upside. This duplex sits on a large lot with potential for at least one DADU, creating even more income potential or re-sale value down the road. Each unit offers 2 bedrooms and 1 bathroom, with recent updates including newer vinyl windows, waterproof flooring, fresh interior paint, updated fixtures, new exterior door, chain link fencing, and slope-support between backyards to ensure tenant safety. The lower unit is occupied by a long-term tenant who would love to stay, providing immediate rental stability. Extensive off-street parking and two separate garages add convenience and value for both tenants and owners. Ideally located just minutes from the shipyard and within walking distance to local coffee shops, restaurants, and the rapidly growing Callow Ave district. The heavy lifting has already been done, allowing you to cash flow now while positioning yourself for future development potential. Listing agent also has a trusted DADU contractor available for buyers interested in maximizing the property’s value. Upper unit rent is very reasonable pro-forma. Proforma cap rate 8.7%
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
Kitsap
Neighborhood
West Bremerton
Listed
May 28, 2026
Financial Summary
Cap Rate
8.70%
Net Operating Income
$37,337
Gross Scheduled Income
$43,200
Gross Rent Multiplier
9.90
Total Expenses
$5,863
Building & Use
Leasable Area
1,847 sqft
Total Units
2
Zoning
Multi-Family
Possible Use
Multi-Family
Year Built
1939
Exterior & Lot
Lot Size
0.24 sqft
Year Built
1939
Exterior Materials
Cement Plank, Wood
Sewer
Sewer Connected
Water Source
Public
Lot Features
Paved
Exterior Features
Cement Planked, Wood, Wood Products
Location
City
Bremerton
County
Kitsap
Coordinates
47.56645, -122.65579
Additional Information
Tax Year
2026
Annual Taxes
$3,129
Possession
Array
Based on information submitted to the MLS GRID as of May 28, 2026 6:15 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
